Author Archives: Syndicated Content
Switzerland launches rescue package for soccer and ice hockey
BERN (Reuters) - Switzerland has announced a 350 million Swiss franc ($362 million) rescue package for its professional soccer and ice hockey leagues but insists the money should not be used to pay wa...
May 13, 2020
Kazakhstan to reopen mosques, hotels, restaurants, passenger trains
ALMATY (Reuters) - Kazakhstan will reopen places of worship, hotels, and small cafes and restaurants from May 18, the government said on Wednesday, two months after the Central Asian nation began a co...
May 13, 2020
U.S. producer prices post biggest drop since 2009
By Lucia Mutikani WASHINGTON (Reuters) - U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, which could bolster some economists' pr...
May 13, 2020
Egypt presses on with new capital in the desert amid virus outbreak
By Aidan Lewis and Mahmoud Mourad CAIRO (Reuters) - While Egypt's economy has stumbled due to the coronavirus outbreak, construction at a new capital taking shape east of Cairo is continuing at full t...
May 13, 2020
Chanel says increasing prices on handbags, small leather goods
MILAN/PARIS (Reuters) - French luxury house Chanel said on Wednesday it was increasing prices on its handbags and some small leather goods worldwide to take into account a rise in the cost of raw mate...
May 13, 2020
Exclusive: Thyssenkrupp, Fincantieri in talks to form warship champion-source
By Christoph Steitz, Tom Kckenhoff and Sabine Siebold FRANKFURT/DUESSELDORF/BERLIN (Reuters) - Thyssenkrupp is exploring several strategic options for its warship unit, ranging from combining it with ...
May 13, 2020
EU parliament demands states allocate new revenues to next EU budget
By Francesco Guarascio BRUSSELS (Reuters) - The European Parliament is threatening to withhold approval of the next long-term EU budget unless EU governments allocate new sources of revenue to it, acc...
May 13, 2020
Traders reduce bets on negative U.S. rates after Powell says Fed not considering
(Reuters) - Traders of short-term U.S. interest-rate futures on Wednesday reduced bets the Federal Reserve will take the unprecedented step of pushing interest rates below zero after Fed Chair Jerome ...
May 13, 2020
Swiss doctor taps his past to help Zurich meet PPE needs
By John Miller MAENNEDORF, Switzerland (Reuters) - Love led a young Swiss doctor to emigrate to South Africa, his wife's home country. Years later, love for his disabled child brought him back to Swit...
May 13, 2020
Boeing to pay Brazil airline Gol $412 million for 737 MAX groundings
SAO PAULO (Reuters) - Brazil airline Gol Linhas Aereas Inteligentes said Wednesday it will receive a total of 2.4 billion reais ($412.03 million) from Boeing Co as compensation for the grounding of th...
May 13, 2020
